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mlawson71
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mlawson71
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Beginners - Kill your emotions
in
New Traders
Apr 05, 2017 at 12:17
Tell me about it. It's very hard to find the balance between cutting your losses and constantly losing.
Beginners - Kill your emotions
in
New Traders
Apr 04, 2017 at 10:09
That was my point exactly. One should always be prepared for the worst.
EUR/GBP
in
New Traders
Apr 04, 2017 at 10:07
I took out another long just now, I think it will climb back to 0.8570.
What do you wish to achieve through forex?
in
New Traders
Apr 03, 2017 at 11:55
I have long realized that unless one is scalping most of the trading process requires simply sitting and waiting.
MetaQuotes stops developing MT4
in
General
Apr 03, 2017 at 11:51
Metaquotes announced it has released an updated version of the iOS application for the MetaTrader 5 (MT5) trading platform, which features history of trading positions. Prior to the addition of the new feature, trading history consisted only of orders and deals. (https://www.forexnewslab.com/2017/03/31/mt5-introduces-positions-to-trading-history-on-ios-app/)The platform builds a single record with all collected historic data on deals related to a position.
EUR/GBP
in
New Traders
Apr 03, 2017 at 11:49
I took a long too, right after the market opened and closed it once it recovered the gap it opened with, at 0.8520.
Beginners - Kill your emotions
in
New Traders
Apr 02, 2017 at 11:16
A good plan takes the hit into an account too, doesn't it?
EUR/GBP
in
New Traders
Apr 02, 2017 at 11:15
I couldn't agree more. Trading without a SL has always seemed like such an unnecessary risk to me. Unexpected spikes and pullbacks are always possible, often they're large enough to cause serious trouble if you don't have a SL set.
Beginners - Kill your emotions
in
New Traders
Apr 01, 2017 at 11:26
Hahaha good point. 😁All joking aside though, having a trading plan and sticking to it is one of the things that can help one deal with trading-related stress.
EUR/GBP
in
New Traders
Apr 01, 2017 at 11:24
I'm glad then. This is why I always advocate for people to use stop loss.
EUR/GBP
in
New Traders
Mar 31, 2017 at 12:38
Did you manage to close that long position before it dropped even further? 😞
Are you loosing money in forex?
in
New Traders
Mar 31, 2017 at 12:34
People are constantly losing money in Forex. Whether it’s because their own flaws and lack of knowledge, discipline and experience, or because of a dishonest broker, they end up losing. And the dishonest brokers, unfortunately, are so many that loss because of fraud is also an important factor.According to data recently published by the the European Securities and Markets Authority (ESMA) said on Friday the number of financial consumer complaints filed in the first half of 2016 with European National Competent Authorities (NCAs) has grown to 7,026, or up by 36.4% from the previous six m...
Fun on MyfxBook
in
General
Mar 31, 2017 at 12:33
Understatement of the year. 😁
Beginners - Kill your emotions
in
New Traders
Mar 29, 2017 at 10:38
What do you guys mean by "emotional intelligence"? Self-awareness?
EUR/GBP
in
New Traders
Mar 29, 2017 at 10:36
11:30 what time though? GMT?
How to Be an Expert in Forex Trading: Some Tips
in
General
Mar 28, 2017 at 10:34
I firmly subscribe to that approach. True, if you risk more you can end up with a bigger profit, but a loss could hurt you a lot worse.
Beginners - Kill your emotions
in
New Traders
Mar 28, 2017 at 10:32
To be honest, robots give me even more anxiety than trading by myself, due to the loss of control.
Honest truth about forex.....
in
New Traders
Mar 27, 2017 at 11:58
While all business does have scammers, the scams surrounding the Forex and Binary Options industry seem to be more than the “usual” that occurs around other types of business. For example, the European Securities and Markets Authority (ESMA) said recently that the number of financial consumer complaints filed in the first half of 2016 with European National Competent Authorities (NCAs) has grown to 7,026, or up by 36.4% from the previous six months. (https://smnweekly.com/2017/03/24/esma-says-financial-consumer-complaints-in-europe-exceed-7000-in-h1-2016/) That is a lot of complain...
Trading Psychology
in
New Traders
Mar 27, 2017 at 11:57
If you find the answer to that question, please share it, because after years of trading occasionally I still feel as anxious as when I was first starting.
The key to success
in
General
Mar 27, 2017 at 11:54
Corrections aren't always short, sometimes they are pretty deep in either direction, depending on the trend and last for a long time.
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